Elon Musk's X says it is worth $19 billion, down from $44 billion last yearMusk paid $54.20 a share to buy Twitter just over a year ago. The tech billionaire has since said he overpaid for the social network. In Ma...
31 Oct, 2023, 11.35 AM IST
Elon Musk puts $20 billion value on Twitter: reportThe reported valuation is less than half of the $44 billion that Musk paid to acquire the social media platform, pointing to a drop in Twit...
26 Mar, 2023, 09.37 AM IST
Twitter offers new equity grants to staff: WSJ reportAccording to the report, the company plans to offer a liquidity event roughly a year from now, in which employees can cash out some of thei...
25 Mar, 2023, 10.56 PM IST
Elon Musk yet to release details of stock-based compensation plan to Twitter employees: reportIn an email to Twitter employees in November, Musk had promised that the company would ‘continue to provide stock and options as part of ou...
01 Feb, 2023, 12.34 PM IST
As Elon Musk focuses on Twitter, his $56 billion Tesla pay goes to trialA Tesla shareholder is seeking to rescind Musk's 2018 pay deal, claiming the board set easy performance targets and that Musk created the p...
07 Nov, 2022, 05.13 PM IST
Twitter to lay off 25% of workforce in first round of job cuts: reportTwitter, which was acquired last week by billionaire Elon Musk, plans to let go of a quarter of its workforce as part of what is expected t...
31 Oct, 2022, 03.48 PM IST
Elon Musk plans job cuts at Twitter, asks managers for list of employees to be laid offAccording to the New York Times, Elon Musk intends to start firing current employees at Twitter as early as this Saturday.
30 Oct, 2022, 07.35 PM IST
Elon Musk fired Twitter execs in attempt to avoid payouts, layoffs planned: reportsMusk fired Twitter chief executive Parag Agrawal, chief Financial officer Ned Segal and legal affairs and policy chief Vijaya Gadde on comp...
30 Oct, 2022, 10.28 AM IST
Elon Musk asks Twitter managers to prepare a list of employees to be sackedMusk, who completed a $44 billion deal to buy Twitter on Thursday, has ordered the cuts across the company, with some teams to be trimmed m...
30 Oct, 2022, 08.00 AM IST
How Twitter will change as a private companyThe social media company went public in 2013. But Elon Musk is taking it private as part of his acquisition of the firm. Here’s what that m...
28 Oct, 2022, 08.52 PM IST
Making a hash tag of the Twitter deal?There is also uncertainty over whether shareholders will approve the buyout, although Musk has been in conversation with Twitter's sharehol...
10 Jul, 2022, 11.17 PM IST
Twitter deal could bolster lawsuit over Musk's $56 bln Tesla payThe deal for Twitter Inc and its potential to distract Musk from Tesla will play an important part of the trial in October, according to on...
29 Apr, 2022, 03.50 PM IST
Twitter gains as board plots Defence strategy against MuskTwitter is using the poison pill defense in order to buy time to come up with a plan that would be in the best interests of its shareholder...
18 Apr, 2022, 11.05 PM IST
Elon Musk donated Tesla shares worth over $5.7 bn to charity in NovemberThe donation was worth $5.74 billion, based on the closing prices of Tesla shares on the five days that Elon Musk donated the stocks.
15 Feb, 2022, 09.16 AM IST
Top US lawmakers take a dig at Elon Musk for bragging about paying USD 11 billion in taxesWith a top tax rate of 40.8 per cent, Musk, the richest person in the world with a net worth of USD 280 billion, faces a federal tax bill o...
30 Dec, 2021, 02.40 PM IST
Behind Elon Musk’s Twitter poll is a tax bill coming dueMusk holds nearly 23 million stock options that were awarded in 2012. Those options have since vested and will expire in August 2022. Most ...
09 Nov, 2021, 12.03 AM IST
Doling out ESOPs? Here’s everything about Employee Stock Option Plan for SMEsESOPs allow grantees to have a stake in the company which directly results in greater loyalty.
13 Jul, 2019, 05.44 PM IST